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New Alkaloida owner strengthening

Following the Indian Sun Pharma purchase of the Hungarian pharmaceutical company, Alkaloida Rt from the American company, Valeant Pharmaceuticals, Valeant is now selling an Ohio based company to Sun Pharma. The Alkaloida parent, Sun aims to strengthen its position, increasing its sales on the US market and pursue its activity on a global scale. Sun, the fifth largest Indian pharmaceutical company is planning to extend its production capacity and considering the launch of a R&D unit at Alkaloida in Tiszavasvár. (Fr Vg 6)